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Agarwal Float Glass India IPO vs Gayatri Rubbers IPO

Comparison between Agarwal Float Glass India IPO and Gayatri Rubbers IPO.

IPO Details

Agarwal Float Glass India IPO is a SME Fixed Price IPO proposed to list at NSE SME while Gayatri Rubbers IPO is a SME Fixed Price proposed to list at NSE SME.

 Agarwal Float Glass India IPOGayatri Rubbers IPO
LogoAgarwal Float Glass India IPO LogoGayatri Rubbers IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Khambatta Securities Ltd.
RegistrarKfin Technologies Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSMC Global Securities Ltd.Khambatta Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Agarwal Float Glass India IPO is up to ₹8.72 Cr whereas the issue size of the Gayatri Rubbers IPO is up to ₹4.34 Cr. The final issue price of Agarwal Float Glass India IPO is ₹42.00 per share and of Gayatri Rubbers IPO is ₹30.00 per share.

 Agarwal Float Glass India IPOGayatri Rubbers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹42.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares4000 shares
Fresh Issue Size20,76,000 shares14,48,000 shares
Fresh Issue Size (Amount)up to ₹8.72 Crup to ₹4.34 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total20,76,000 shares14,48,000 shares
Issue Size Total (Amount)up to ₹8.72 Crup to ₹4.34 Cr

IPO Timetable

Agarwal Float Glass India IPO opens on Feb 10, 2023, while Gayatri Rubbers IPO opens on Jan 25, 2023. The closing date of Agarwal Float Glass India IPO and Gayatri Rubbers IPO is Feb 15, 2023, and Jan 30, 2023, respectively.

 Agarwal Float Glass India IPOGayatri Rubbers IPO
Anchor Bid Date
Issue OpenFeb 10, 2023Jan 25, 2023
Issue CloseFeb 15, 2023Jan 30, 2023
Basis Of Allotment (Tentative)Feb 20, 2023Feb 02, 2023
Initiation of Refunds (Tentative)Feb 21, 2023Feb 03, 2023
Credit of Share (Tentative)Feb 22, 2023Feb 06, 2023
Listing date (Tentative)Feb 23, 2023Feb 07, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Agarwal Float Glass India IPO P/E ratio is 5.68, as compared to Gayatri Rubbers IPO P/E ratio of 23.62.

 Agarwal Float Glass India IPOGayatri Rubbers IPO
Financials
Agarwal Float Glass India Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-201,767.313,227.438.83201.30-0.841,120.38
31-Mar-211,811.873,188.1324.73226.0223.881,175.30
31-Mar-221,761.794,216.91101.68327.68125.541,141.78
30-Sep-222,177.312,369.04267.75595.43393.291,167.91
Amount in ₹ Lakhs
Gayatri Rubbers and Chemicals Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20597.65656.916.7523.567.870.00
31-Mar-21556.561,563.0814.53171.5222.390.00
31-Mar-22497.771,673.7381.01155.41103.40263.40
14-Apr-22573.44120.8030.69185.01134.09262.58
31-Dec-22898.471,664.8454.81462.1941.1978.97
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.99100.00
Promoter Shareholding (Post-Issue)69.7773.37
P/E Ratio5.6823.62
Market Cap₹30.42 Cr.₹17.21 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Agarwal Float Glass India IPO Retail Individual Investors (RII) are offered 10,38,000 shares while in Gayatri Rubbers IPO retail investors are offered 10,38,000 shares. Qualified Institutional Buyers (QIB) are offered in Agarwal Float Glass India IPO and in Gayatri Rubbers IPO.

 Agarwal Float Glass India IPOGayatri Rubbers IPO
Anchor Investor Reserveration
Market Maker Reserveration1,14,000 shares80,000 shares
QIB
NII10,38,000 shares7,24,000 shares
RII10,38,000 shares7,24,000 shares
Employee
Others
Total20,76,000 shares14,48,000 shares

Bids Received (Subscription)

Agarwal Float Glass India IPO subscribed 5.16x in total, whereas Gayatri Rubbers IPO subscribed 37.94x.

 Agarwal Float Glass India IPOGayatri Rubbers IPO
QIB (times)
NII (times)3.13x33.65x
Big NII (times)
Small NII (times)
RII (times)7.20x42.23x
Employee (times)
Other (times)
Total (times)5.16x37.94x